In this collection of essays, edited by Gene Wunderlich, individual authors from various institutions discuss the economics and political issues surrounding land reform and the privatization of agricultural landownership in formerly socialized economies. The authors provide a solid framework for understanding how changes in landownership affect farm organization and production, wealth distribution, the environment, and public services. The subject matter is particularly relevant, although not limited to, the formerly socialized economies of Central and Eastern Europe. This book will be particularly useful in economic development courses and classes studying comparative economic systems. This book also provides excellent background for consultants and policymakers. Contents: Foreword; Preface; Creating Private Ownership and Markets in the Agricultural Land of Formerly Socialist Countries (Wunderlich); Landed Property in Capitalist and Socialist Countries (Thiesenhusen); Changing Land Relations and Farming Structures in Formerly Socialist Countries (Lerman); Supporting Markets in the Agricultural Land of Transitional Economies (Munro-Faure); Farmland Conveyancing in Selected FAO Member Sates in Transition (Riddell); Agricultural Land Tax and the Transition to Market Economy (Muller); Authors.